MODELING THE PROFITABILITY OF TELECOMMUNICATION SUB-SECTOR STOCKS USING PANEL DATA REGRESSION ANALYSIS

The Covid-19 outbreak in Indonesia has wreaked havoc on the financial market, causing turbulence in the stock market. One industry that did not endure instability was the telecommunications subsector due to government initiatives connected to online learning and office tasks performed on a Work From...

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Main Authors: Ni Putu Nanik Hendayanti, Maulida Nurhidayati
Format: Article
Language:English
Published: Department of Mathematics, Faculty of Mathematics and Natural Sciences, Universitas Andalas 2022-12-01
Series:Jurnal Matematika UNAND
Subjects:
Online Access:https://jmua.fmipa.unand.ac.id/index.php/jmua/article/view/987
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author Ni Putu Nanik Hendayanti
Maulida Nurhidayati
author_facet Ni Putu Nanik Hendayanti
Maulida Nurhidayati
author_sort Ni Putu Nanik Hendayanti
collection DOAJ
description The Covid-19 outbreak in Indonesia has wreaked havoc on the financial market, causing turbulence in the stock market. One industry that did not endure instability was the telecommunications subsector due to government initiatives connected to online learning and office tasks performed on a Work From Home (WFH) basis, which increased internet usage during online learning and WFH. Online learning and office activities carried out on a Work From Home (WFH) basis have increased the sector's profitability and breathed new life into the world of stock investment. When purchasing stocks, an investor always seeks to generate a profit. The profitability ratio reveals the profitability of the business. Profitability and investment decisions are linked as a result of a budget plan and profit forecast. This study aims to model telecommunications subsector companies' profitability on the Indonesian stock exchange using panel data regression analysis. The panel data regression analysis mixes cross-section data and time series data in which the same cross-section unit is sampled at various times. Therefore, investors must be aware of the profitability of the subsector of the telecommunications industry to make an investment decision. This research will generate a model of the profitability of subsector enterprises in the telecommunications industry. Based on the R square value of 0.8752, the results of this study indicate that ln equity, inflation, CR, and DER can explain 87.52% of the variation in ROA. In comparison, the remaining 12.48% is impacted by factors not included in the model.
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spelling doaj-art-e9ed19c1fb334b54979a009881d76a9d2025-08-20T02:12:34ZengDepartment of Mathematics, Faculty of Mathematics and Natural Sciences, Universitas AndalasJurnal Matematika UNAND2303-291X2721-94102022-12-0111424625710.25077/jmua.11.4.246-257.2022699MODELING THE PROFITABILITY OF TELECOMMUNICATION SUB-SECTOR STOCKS USING PANEL DATA REGRESSION ANALYSISNi Putu Nanik Hendayanti0Maulida Nurhidayati1Institut Technology and Business STIKOM BaliInstitut Agama Islam Negeri PonorogoThe Covid-19 outbreak in Indonesia has wreaked havoc on the financial market, causing turbulence in the stock market. One industry that did not endure instability was the telecommunications subsector due to government initiatives connected to online learning and office tasks performed on a Work From Home (WFH) basis, which increased internet usage during online learning and WFH. Online learning and office activities carried out on a Work From Home (WFH) basis have increased the sector's profitability and breathed new life into the world of stock investment. When purchasing stocks, an investor always seeks to generate a profit. The profitability ratio reveals the profitability of the business. Profitability and investment decisions are linked as a result of a budget plan and profit forecast. This study aims to model telecommunications subsector companies' profitability on the Indonesian stock exchange using panel data regression analysis. The panel data regression analysis mixes cross-section data and time series data in which the same cross-section unit is sampled at various times. Therefore, investors must be aware of the profitability of the subsector of the telecommunications industry to make an investment decision. This research will generate a model of the profitability of subsector enterprises in the telecommunications industry. Based on the R square value of 0.8752, the results of this study indicate that ln equity, inflation, CR, and DER can explain 87.52% of the variation in ROA. In comparison, the remaining 12.48% is impacted by factors not included in the model.https://jmua.fmipa.unand.ac.id/index.php/jmua/article/view/987panel data regression, telecommunications, profit
spellingShingle Ni Putu Nanik Hendayanti
Maulida Nurhidayati
MODELING THE PROFITABILITY OF TELECOMMUNICATION SUB-SECTOR STOCKS USING PANEL DATA REGRESSION ANALYSIS
Jurnal Matematika UNAND
panel data regression, telecommunications, profit
title MODELING THE PROFITABILITY OF TELECOMMUNICATION SUB-SECTOR STOCKS USING PANEL DATA REGRESSION ANALYSIS
title_full MODELING THE PROFITABILITY OF TELECOMMUNICATION SUB-SECTOR STOCKS USING PANEL DATA REGRESSION ANALYSIS
title_fullStr MODELING THE PROFITABILITY OF TELECOMMUNICATION SUB-SECTOR STOCKS USING PANEL DATA REGRESSION ANALYSIS
title_full_unstemmed MODELING THE PROFITABILITY OF TELECOMMUNICATION SUB-SECTOR STOCKS USING PANEL DATA REGRESSION ANALYSIS
title_short MODELING THE PROFITABILITY OF TELECOMMUNICATION SUB-SECTOR STOCKS USING PANEL DATA REGRESSION ANALYSIS
title_sort modeling the profitability of telecommunication sub sector stocks using panel data regression analysis
topic panel data regression, telecommunications, profit
url https://jmua.fmipa.unand.ac.id/index.php/jmua/article/view/987
work_keys_str_mv AT niputunanikhendayanti modelingtheprofitabilityoftelecommunicationsubsectorstocksusingpaneldataregressionanalysis
AT maulidanurhidayati modelingtheprofitabilityoftelecommunicationsubsectorstocksusingpaneldataregressionanalysis